$1,300,000
3,016 Sqft
7,096 Sqft

12008 Long Beach Boulevard, Lynwood, CA 90262

  • Commercial Sale Property Type
  • 51 Days Days On Market
  • 1942 Year Built
Property Description

It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide r

Basic Details
Commercial Sale
Other
For Sale
CROC24247074
$1,300,000
None
51
3,016 Sqft
1942
7,096 Sqft
0.16 Acre
Active
Features
: None, Wall Furnace
: None, Wall/Window Unit(s)
Public Sewer
: Vinyl
: No Hookups
: Other
: Other
Address Map
CA
Los Angeles
Lynwood
90262
Long Beach Boulevard
12008
W119° 47' 27.6''
N33° 55' 8.1''
LYC2
105 freeway exit Long Beach Blv
Additional Info
Real Broker
Mike Trelles
miketrelles@gmail.com
: Stucco
Active
Public
For Sale
Price History
01/04/2025
$1,300,000
$0
Additional Information
3016
Listing Information
2025-01-05T01:38:45Z
Justin Tye
Real Broker
BayEast
CR362304801
CR50265
Request Buyer Agent Tour

    Agent info
    Seshu Tirumalashetty
    Realty++
    Rajesh Chenna
    Realty++
    Rekha Mahalingam
    Realty++
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    Mallik@rRealtyplusplus.com (510) 299-6629